Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[PoolMinor]

Data/information is only as good as its source. Highest level being 15, not bullish. Edit: Bitcoin Cash has a "16". 

Bitcoin SV? 100.

#justsayin'

Actually only 86 currently...was 100 2 weeks ago.

[BTCMILLIONAIRE]

He called the bottom at $10k.

He called the bottom at $6k.

He called the bottom at $3.5k.

Eventually he will be right. 

Bottom is $0. Bitcorn was worth nothing a few years ago. I'm the greatest guru mankind has ever seen.

[BTCMILLIONAIRE]

I start to think that maybe we, humans, set ourselves on some kind of a suicide path.

I don't want to sound like Ibian, but we probably have headed our boat for catastrophe. Not much we can do now though. May as well enjoy Rome before it burns.

I don't understand what makes people subscribe to this narrative. What makes you think that we're heading for disaster when just about everything has been getting better on average for the past however many decades?

I'm more worried about a meteor smashing earth than humans fucking anything up before someone banking on a solution for whatever problem. And I'm not really worried at all.

[HairyMaclairy]

ORLY?

[mindrust]

WTF are these questions? They are going way too far.... Soon they will be demanding workplace confirmation or relatives information.....

These exchanges are banks.

Fuck banks.

I know there are lots of people who want to do shitcoin trades constantly but it is just too much risk at this point.

It is either dex or hodl now.

[BTCMILLIONAIRE]

imagine that 128 moths would be terrible long F*** who would even make up such a meme

https://twitter.com/LordCatoshi/status/1069319697550725121

what some guys make up fun to watch ...^

Check the 10 year chart on Deutsche Bank's stock:

https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/stock-price-history

[PoolMinor]

ORLY?

[imghttps://i.ibb.co/pzvHqwj/5-CAAF632-0295-4224-A5-AC-09-ED68232-BD5.jpg[/img]

past 12 months??


https://bitcointalk.org/index.php?topic=178336.msg48382604#msg48382604

Mind you these are independent searches, not in comparison to each other.

[kurious]

I need some help guys.

I feel like I need a gimmick to differentiate my brand from the other WO merit front-runners.

Mic has the contests, Homer has the hat thing, Bob has his whole awesome gayblackcowboy persona, LotV8s has the no sleep instantaneous news aggregation nailed down...

I just feel like I need a hook to continue to compete at this level, any ideas?

I always thought we could do with a cross-dressing singer to rally our spirits up in bearish times with heartfelt torch songs.

We have enough people here with studio gear to pull off a mix or two...

[JayJuanGee]

https://bitcointalk.org/index.php?topic=428589.msg48412665#msg48412665

Look. I will give you an advice and I will do it only once: Repeated blatant alt shilling is not allowed here.

You want to enlighten us with some really important news of an alt, more so if it could have some impact on Bitcoin? Fine.

But if all you do is keep posting alt related nonsense the WO is not place for you. That is not welcome here. Get it?

Now behave or get the fuck out.

Thanks for your understanding.

Seems that infofront should delete those kinds of posts, especially if there is not any kind of attempt, like you said bitserve, to relate the matter to bitcoin (or more specifically bitcoin price dynamics)

[BTCMILLIONAIRE]

as if 90% of us wouldn't behave the same way given the opportunity

Fuck no we absolutely would not post that shit to social media with our personal brands splashed across it

Fucking whores and bitches is the equivalent of picking a basket of shitcoins over the one true Bitcorn.

[HairyMaclairy]

12 months doesn’t make it better.   Searches of Bitcoin SV are <1 for the entire range.  Not statistically significant.

[El duderino_]

imagine that 128 moths would be terrible long F*** who would even make up such a meme

https://twitter.com/LordCatoshi/status/1069319697550725121

what some guys make up fun to watch ...^

Check the 10 year chart on Deutsche Bank's stock:

https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/stock-price-history

Can’t compare BTC with a filthy bank though....

We are going to the moon and beyond while those banks are in for doom and deeper

[bitserve]

An alternative would be if we stayed around this range for a couple of months, maybe even some more.... that would probably signal this as the true bottom.

What do you guys think about that? Plausible?

[Buttermellow]

I have voted for the new speculation of bitcoin market price in the poll and my answer was on the range 4K USD - 5K USD. Though it is already in the peak season and the bitcoin market price may move up to 5K USD but I still do believe that it could not reach more than 5K USD because this could be easily controlled by rich people where they can invest and sell on when their target short term goal is being reached. So, this could make a downfall on bitcoin market price for more adding up with panic BTC holders so this where they can start to invest again and sell again and again.

[BTCMILLIONAIRE]

imagine that 128 moths would be terrible long F*** who would even make up such a meme

https://twitter.com/LordCatoshi/status/1069319697550725121

what some guys make up fun to watch ...^

Check the 10 year chart on Deutsche Bank's stock:

https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/stock-price-history

Can’t compare BTC with a filthy bank though....

We are going to the moon and beyond while those banks are in for doom and deeper

I just wanted to use the opportunity of showing off a 10 year bear market as an excuse to make fun of DB. They're fucking twats and will hopefully implode like Lehman Brothers did.

[bitserve]

imagine that 128 moths would be terrible long F*** who would even make up such a meme

https://twitter.com/LordCatoshi/status/1069319697550725121

what some guys make up fun to watch ...^

Check the 10 year chart on Deutsche Bank's stock:

https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/stock-price-history

Can’t compare BTC with a filthy bank though....

We are going to the moon and beyond while those banks are in for doom and deeper

I just wanted to use the opportunity of showing off a 10 year bear market as an excuse to make fun of DB. They're fucking twats and will hopefully implode like Lehman Brothers did.

Banks in general have always made the most of their profit by interest on lending. Before the crisis, they started giving mortgages to everyone and their mother without any due diligence.... then the defaults came so instead of profit for every mortgage they got loses. Now they are way more careful on lending money, which basically means they are not "selling" their main product. The future looks dark for them.

I remember the time (before the nineties) when if someone wanted a home he had to pay upfront a good amount to the builder, and then go on paying monthly way before the house was even finished building. No mortages bullshit. Banks were not such a big deal. HOusing prices were low as shit.

All the fucking problem of the last decades has been because of lending money to the plebs. That made them think they were "rich" when they weren't. And banks "banked" like bandits on that stupid feeling.

If you borrow money because you don't have it, then you will always stay poor. Only borrow money when you are leveraging for a biggest (safe) return. If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

[Ibian]

I start to think that maybe we, humans, set ourselves on some kind of a suicide path.

I don't want to sound like Ibian, but we probably have headed our boat for catastrophe. Not much we can do now though. May as well enjoy Rome before it burns.

I don't understand what makes people subscribe to this narrative. What makes you think that we're heading for disaster when just about everything has been getting better on average for the past however many decades?

I'm more worried about a meteor smashing earth than humans fucking anything up before someone banking on a solution for whatever problem. And I'm not really worried at all.

http://people.uncw.edu/kozloffm/glubb.pdf

History repeats. It's much like the seasons, every time is different but the overall pattern remains. Things are shit, people make them better, then things turn to shit again. And the longer peace and prosperity reigns, the harder the fall.

All the signs are there. It will likely be a soviet style collapse, but this time on a large scale.

[bitserve]

I start to think that maybe we, humans, set ourselves on some kind of a suicide path.

I don't want to sound like Ibian, but we probably have headed our boat for catastrophe. Not much we can do now though. May as well enjoy Rome before it burns.

I don't understand what makes people subscribe to this narrative. What makes you think that we're heading for disaster when just about everything has been getting better on average for the past however many decades?

I'm more worried about a meteor smashing earth than humans fucking anything up before someone banking on a solution for whatever problem. And I'm not really worried at all.

http://people.uncw.edu/kozloffm/glubb.pdf

History repeats. It's much like the seasons, every time is different but the overall pattern remains. Things are shit, people make them better, then things turn to shit again. And the longer peace and prosperity reigns, the harder the fall.

All the signs are there. It will likely be a soviet style collapse, but this time on a large scale.

C'on Ibian, we have never in history lived better than we do for the past few decades. Or can you point out any moment in time you would have better preferred to live?

[mOgliE]

If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

Nothing in this world allows you the increase your financial stability, your profits and your social status like borrowing a hella amount of money.

Though of course you must be smart about what you do with the investments.

I just borrowed 250k€, that's about 7 years of salary for me. The interests are basically 0 if you take inflation into consideration so that's basically just me borrowing to my future self to increase my current income ^^

If I could borrow 4M€ I would

[BTCMILLIONAIRE]

Banks in general have always made the most of their profit by interest on lending. Before the crisis, they started giving mortgages to everyone and their mother without any due diligence.... then the defaults came so instead of profit for every mortgage they got loses. Now they are way more careful on lending money, which basically means they are not "selling" their main product. The future looks dark for them.

I remember the time (before the nineties) when if someone wanted a home he had to pay upfront a good amount to the builder, and then go on paying monthly way before the house was even finished building. No mortages bullshit. Banks were not such a big deal. HOusing prices were low as shit.

All the fucking problem of the last decades has been because of lending money to the plebs. That made them think they were "rich" when they weren't. And banks "banked" like bandits on that stupid feeling.

If you borrow money because you don't have it, then you will always stay poor. Only borrow money when you are leveraging for a biggest (safe) return. If you are poor you should be saving instead of borrowing.

People that really "needs" the money, should never, ever borrow the money.

Enough rant.... I am open for criticism.

When I was a student I invested large parts of my student loan, but my professional path has been more or less laid out thanks to long planning (knew before 18 that I wanted to be able to retire around 30-40) so I knew in what proportion I could put loans at stake without destroying myself in any worst case scenario. I made sure to have exceptional grades in a highly sought after field though, so the probability of me failing along the way were virtually negligible and the cost of default was zero (e.g. no job = exemption from repaying the loan without any downsides on my part). In that situation not taking the risk and potentially fixing an error of judgement down the path would've been irrational.

I've seen other plebs do the same (with non-student loans) from a much worse starting position implode though, so you're certainly right. Most people don't know how to manage risk and just go a path of blind faith and there are tons of predatory types just waiting to prey on them.

Either way, the banks are just filling a niche. The real problem are all the idiots who are waiting for the stars to magically align instead of taking their life into their own hands. And the absolute worst are the very same idiots who channel their energy into nagging governments to bend them backwards by legalizing a billion fucking pronouns for idiots who can't just be honest and say that they either always or sometimes prefer dick. Like a bunch of toddlers telling on their siblings instead of learning how not to be a helpless retard.